Bolivia's government attempted to solve some of its
Problems with inequality of outcomes due to foreign
Investment in its natural gas resources by:
A)taxing international firms.
B)insisting that the firms pay higher wages to workers in the industry.
C)shutting down the firms in the wake of protests.
D)nationalizing the firms by reclaiming 51% ownership and raising taxes on foreign profits.

Question

Quizplus · Accepted Answer

Nationalizing the firms by reclaiming 51% ownership and raising taxes on foreign profits is the best choice to tackle the issue of inequality caused by foreign investment. This policy allows the government to have a greater share of control over the natural gas resources and the profits made by the international firms. Additionally, the increased taxes on foreign profits can contribute to the government's ability to fund programs aimed at reducing inequality in the country.

Bolivia's Government Attempted to Solve Some of Its